Statistical forecasting Current Affairs, GK & News

India Meteorological Department (IMD) launches new EPS to predict severity and intensity of weather

The India Meteorological Department (IMD) has launched a new Ensemble Prediction Systems (EPS) to provide probabilistic weather forecasts up to the next 10 days. According to IMD, these new systems shall improve upon deterministic forecasts that are prone to high margins of error. These systems also use a higher resolution 12 km grid scale, instead ..


India Meteorological Department (IMD) issues its first official forecast for 2018 southwest monsoon rains

The India Meteorological Department (IMD) has issued its first official forecast for 2018 southwest monsoon rains in New Delhi on April 16, 2018. The second stage forecast will be issued in June 2018. These forecasts are prepared using state-of-the-art Statistical Ensemble Forecasting system that is critically reviewed and improved regularly through in-house research activities. It ..



The Karnataka government ties up with Microsoft to develop India’s first Farm Price Forecasting Model

The Karnataka Government has signed a Memorandum of Understanding (MoU) with software giant Microsoft India to develop a unique “farm price forecasting model” using latest IT tools in a bid to help farmers, administrators and other stakeholders to understand the market behaviour in advance. The proposed initiative is said to be the first-of-its-kind in the ..